Flexible Electronics News

Infineon to Acquire Marvell’s Automotive Ethernet Business for $2.5B

Move will further strengthen its number one position in automotive microcontrollers and boost systems capabilities for software-defined vehicles.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Infineon Technologies AG is accelerating the build-up of its system capabilities for software-defined vehicles with the acquisition of Marvell Technology’s Automotive Ethernet business, complementing and expanding its own market-leading microcontroller business. Infineon and Marvell Technology, Inc. have entered into a definitive transaction agreement for a purchase price of US$2.5 billion in cash. The transaction is subject to regulatory approvals. Ethernet is a key enabling technology fo...

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